Overview:

- 2 kinds of deposit products: demand deposit and time deposit

How the bank mobilises deposit
- Product strategy: ?

- Marketing:
MB bank has advertised its deposit products in many forms such as newspaper,
magazines, television, radio, email and social media,...
MB bank has also participated in many social and charity programs and left its mark
on the public’s mind about a bank operating effectively and contributing to the
community
Change logo -> showing its transformation into a digial bank -> adapt to the
revolution 4.0
Allow open “beautiful” account number
MB Hi Collection: nice interface, the more spending the higher the credit limit ->
suitable for GenZ
- Enhance the quality of the transaction system and service
Set up points of transaction in densely populated places -> convenience. Ex: There is
one on the ground floor of NEU building
MB bank has both autobanking areas and transaction areas with consultants
E-banking service allows customers to access information without going to
transaction points
Finance statement:
- Deposits is a curent liability account in the general ledger
 The deposit account recorded the interest rate of each kind of deposit products as well as
the percentage of deposit from business and individual customers.
Prices:
- MB Bank’s interest rate schedule for individual customers in March 2023

Lãi trả
Lãi trả Lãi trả
hàng
Kỳ sau trước
tháng
hạn (%/năm (%/năm
(%/năm
) )
)

KKH 0,50%    

01
1,00%    
tuần

02
1,00%    
tuần

03
1,00%    
tuần

01
thán 5,80% 5,77%  
g

02
thán 6,00% 5,94%  
g

03
thán 6,00% 5,91% 5,97%
g

04
thán 6,00% 5,88% 5,95%
g

05
thán 6,00% 5,85% 5,94%
g
06
thán 7,60% 7,32% 7,48%
g

07
thán 7,60% 7,27% 7,45%
g

08
thán 7,60% 7,23% 7,43%
g

09
thán 7,70% 7,27% 7,50%
g

10
thán 7,70% 7,23% 7,48%
g

11
thán 7,70% 7,19% 7,46%
g

12
thán 8,00% 7,40% 7,72%
g

13
thán 8,10% 7,44% 7,78%
g

15
thán 8,20% 7,43% 7,83%
g

18
thán 8,20% 7,30% 7,75%
g

24 8,30% 7,11% 7,70%

thán
g

36
thán 8,40% 6,70% 7,51%
g

48
thán 8,50% 6,34% 7,33%
g

60
thán 8,60% 6,01% 7,17%
g

- MB Bank’s interest rate schedule for business customers in March 2023

Lãi trả trước

Kỳ hạn Lãi trả sau (% năm) VNĐ (% năm)
VNĐ (*)

KKH 0,50%  

01 tuần 1,00%  

02 tuần 1,00%  

03 tuần 1,00%  

01 tháng 5,60% 5,57%

02 tháng 5,90% 5,84%

03 tháng 6,00% 5,91%

04 tháng 6,00% 5,88%

05 tháng 6,00% 5,85%

06 tháng 7,40% 7,13%

07 tháng 7,50% 7,18%

08 tháng 7,50% 7,14%

09 tháng 7,60% 7,19%

10 tháng 7,60% 7,14%

11 tháng 7,60% 7,10%

12 tháng 7,80% 7,23%

13 tháng 7,90% 7,27%

18 tháng 8,00% 7,14%

24 tháng 8,10% 6,97%

36 tháng 8,20% 6,58%

48 tháng 8,30% 6,23%

60 tháng 8,40% 5,91%

The longer time to maturity, the higher the interest payment will be.
Prepaid interest is generally lower than deferred one
Interest curve
Interest rate adjustment is a tool of monetary policy.
When State Bank of VN (SBV) raises operating interest rate to curb inflation-> Commercial
banks also raise their deposit interest rate -> More people deposit their money to the banks ->
cash in circulation decreases
By contrast, to enhance the economy, SBV requires commercial banks reduce their mobilizing
interest rates -> people reduce the amount of deposit at the banks and spend more money
 SBV adjusts interest rate causing deposit interest rate to follow a curve